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£175,000

Orchard Place, Southampton, SO14

  • 2 beds
Detached house

£175,000

  • 2 beds
Detached house
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Estimate monthly mortgage payment:

£799 per month

Minimum deposit amount:

£8,750
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**NO CHAIN** CASH BUYERS ONLY** Situated on the first floor, this is a well presented excellent two bedroom apartment located near to Town Quay and Oxford Street. The property is accessed via secure communal entry phone and comprises large entrance hall and wood flooring, modern bathroom and open plan kitchen with white goods, large living and dining space with access to a lovely balcony and two double bedrooms with fitted wardrobes, the master bedroom comes with an suite shower and there is also a modern family bathroom. Further benefits include access to communal roof terrace.
We understand from our client (the vendor) that all matters related to EWS1 (Fire Safety regulations) cladding have been attended to and remedied. However, issues related to the wooden decking on balconies are pending. Prospective Purchaser’s solicitor will be able to investigate and provide up to date information and clarity.
The property is currently let and on a 'Periodic' tenancy. Accordingly, this apartment offers a great buy-to-let investment opportunity and is also ideal for first-time buyers.
Orchard Place was constructed in 2005 and is situated 0.3 miles away from Southampton city centre which offers an array of amenities on its doorstep some of which include: Restaurants, Bars, Hair salon, Coffee shops, Telephone house surgery, Convenience store and Queens Park. The location also benefits from easy access onto a local bus routes to travel the remaining city.
SERVICE CHARGE: £1980 Per Annum Approx.
LEASE YEARS: 106 Remaining Approx
COUNCIL TAX BAND : C
GROUND RENT:
£225 PA for the first 25 years
£450 PA for the next 25 years
£900 PA for the next 25 years
£1,800 PA for the next 25 years
£3,600 PA for the remainder of the term
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